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Innovation Blues

Not just for profit - Wikipedia, the free encyclopedia - 0 views

  • The concept of NJFP draws heavily on the outcomes defined and measured through triple bottom line reporting - demanding that a company's responsibility be to stakeholders rather than shareholders. In this case, 'stakeholders' refers to anyone who is influenced, either directly or indirectly, by the actions of the company. According to the stakeholder theory, the business entity should be used as a vehicle for coordinating stakeholder interests in a sustainable manner, instead of maximising shareholder(owner) profit. "People, Planet and Profit" are used to succinctly describe the triple bottom lines and the goal of sustainability.
  • Profit Profit is an aspect shared by all commerce, conscientious or not. Arguably, from the perspective of sustainability, profit is the most critical part of the triple bottom line. If a strong focus is not maintained on the value proposition for the product or service for sale, profits will be affected and consequently a business’s ability to have any impact through its purpose (people and planet) will be eroded.
  • People "People" (human capital) pertains to fair and beneficial business practices toward labor and the community and region in which a corporation conducts its business. The Global Reporting Initiative (GRI) has developed guidelines to enable corporations and NGO's alike to comparably report on the social impact of a business. [edit]
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  • Planet "Planet" (Natural capital) refers to sustainable environmental practices. Generally, sustainability reporting metrics are better quantified and standardized for environmental issues than for social ones. A number of respected reporting institutes and registries exist including the Global Reporting Initiative, CERES Community Environment Park, Institute 4 Sustainability and others. [edit]
  • In terms of a long-term investment proposition, socially responsible investment (SRI) funds are one of the fastest growing prospects in the City of London. This is important not only because blue chip stock valuation is biased two-thirds towards long-term prospect, but also because the City of London is home to many of the world’s largest institutional funds. The City is now managing institutional SRI assets, for the UK market alone, of around $1trillion and it continues to grow fast. When Friends Provident launched the first UK ethical unit trust 'Stewardship Fund' in 1984, city analysts predicted that consumer SRI funds in the UK would eventually (within 20 years) reach a maximum size of £2 million. By 2001, consumer SRI funds had reached to over £4 billion and over £6 billion in 2005 – 3,000 times the original estimate.
  • . This increased awareness has promoted SRI and ethical activity amongst consumers, spurring the success of ethical corporations, such as the Co-operative Bank and the popularity of fair trade and organic products.
Innovation Blues

Joseph Stiglitz - Wikipedia, the free encyclopedia - 0 views

  • "They’ll say the IMF is arrogant. They’ll say the IMF doesn’t really listen to the developing countries it is supposed to help. They’ll say the IMF is secretive and insulated from democratic accountability. They’ll say the IMF's economic ‘remedies’ often make things worse – turning slowdowns into recessions and recessions into depressions. And they’ll have a point. I was chief economist at the World Bank from 1996 until last November, during the gravest global economic crisis in a half-century. I saw how the IMF, in tandem with the U.S. Treasury Department, responded. And I was appalled."
  • Initiative for Policy Dialogue In July 2000 Stiglitz founded the Initiative for Policy Dialogue (IPD), with support of the Ford, Rockefeller, McArthur, and Mott Foundations and the Canadian and Swedish governments, to enhance democratic processes for decision-making in developing countries and to ensure that a broader range of alternatives are on the table and more stakeholders are at the table.
  • Commission of Experts on Reforms of the International Monetary and Financial System Stiglitz at the World Economic Forum Annual Meeting in Davos, 2009. In 2009, Stiglitz chaired the Commission of Experts on Reforms of the International Monetary and Financial System which was convened by the President of the United Nations General Assembly "to review the workings of the global financial system, including major bodies such as the World Bank and the IMF, and to suggest steps to be taken by Member States to secure a more sustainable and just global economic order".[41] Its final report was released on 21 September 2009.[42][43]
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  • The Price of Inequality: How Today's Divided Society Endangers Our Future (2012) From the jacket: As those at the top continue to enjoy the best health care, education, and benefits of wealth, they often fail to realize that, as Joseph E. Stiglitz highlights, "their fate is bound up with how the other 99 percent live ... It does not have to be this way. In The Price of Inequality Stiglitz lays out a comprehensive agenda to create a more dynamic economy and fairer and more equal society"
Innovation Blues

Creativity Portal® · Transforming through Creativity, Consciousness, Kindness... - 0 views

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    Creativity Portal® inspires creativity, consciousness and kindness through personal expression and the arts, innovation in the workplace, and sustainability in the world. Featuring the voices of today's creativity leaders, Creativity Portal advocates for the growing creativity coaching profession worldwide and has been named one of the 101 Best Web sites for creativity by Writer's Digest magazine. Creativity Portal® is an invigorating online community alive with the voices of creativity coaches, authors, artists, writers, and business professionals sharing their knowledge and expertise, inspiring creativity, consciousness, and kindness in everyon
Innovation Blues

Don't collaborate or communicate and we get Carbon Credits - 0 views

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    Nuclear Power creates little carbon dioxide:It is a known fact the following figures demonstrate the difference between various power generation sources."The UK Sustainable Development Commission report in 2006 gave a figure of 16 g/kWh for nuclear,
Innovation Blues

jovoto / Homepage - 0 views

  • Cloudstorm. Collaborate with creators globally. At jovoto ideas compete while talent collaborates. Inspire others, submit your idea and get inspired. Unleash the creativity of the cloud for your brand and organization. Start now – let us be your guide.
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    A global platform to enable creative excellence through mass collaboration. Get challenged by contests for big brands, international companies and NGOs. Work in an inspiring environment with thousands of other talented creatives. Get into a sustainable deal: fair copyright handling, high prize money and the community decides who wins the prizes.
Innovation Blues

Coal Ash Is More Radioactive than Nuclear Waste: Scientific American - 0 views

  • Coal Ash Is More Radioactive than Nuclear Waste By burning away all the pesky carbon and other impurities, coal power plants produce heaps of radiation
  • December 13, 2007
  • The popular conception of nuclear power is straight out of The Simpsons: Springfield abounds with signs of radioactivity, from the strange glow surrounding Mr. Burn's nuclear power plant workers to Homer's low sperm count. Then there's the local superhero, Radioactive Man, who fires beams of "nuclear heat" from his eyes. Nuclear power, many people think, is inseparable from a volatile, invariably lime-green, mutant-making radioactivity. Coal, meanwhile, is believed responsible for a host of more quotidian problems, such as mining accidents, acid rain and greenhouse gas emissions. But it isn't supposed to spawn three-eyed fish like Blinky. Over the past few decades, however, a series of studies has called these stereotypes into question. Among the surprising conclusions: the waste produced by coal plants is actually more radioactive than that generated by their nuclear counterparts.
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